<p>Virtus Investment Partners, Inc., which operates a multi-manager asset management business, today announced that&nbsp;Sheila Hooda, founder, chief executive officer and president of Alpha Advisory Partners, has been appointed to the Virtus Board of Directors.</p> <p>Hooda founded Alpha Advisory Partners in 2013 and has served as its CEO and president, focusing on strategy and long-term planning. The firm advises on strategic positioning, mergers and acquisitions, turnaround and transformation, customer-centricity and digital business models for companies in the financial and business services sectors.</p>

Brookfield Asset Management Inc. today announced the completion of the spin-off of Brookfield Business Partners L.P., the primary public vehicle through which Brookfield will own and operate the business services and industrial operations of its private equity group on a global basis.

Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Jay Nadler as an executive-in-residence in its Technology, Media and Telecommunications (&quot;TMT&quot;) and Industrials and Business Services (&quot;IBS&quot;) Groups.&nbsp;

H.I.G. Middle Market, the midmarket investment affiliate of H.I.G. Capital, said it hired Alok Sanghvi as a managing director and promoted Matt Lozow to managing director to lead the firm&#39;s business services investment efforts.

Global private equity and alternative investment management company CVC Capital Partners has raised $1 billion for a new fund focused on high-growth, middle-market companies in the software and technology-enabled business services sectors.&nbsp;